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20121202
20121202
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on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress could prevent a tax hike on the first 250,000, of everybodiy income. that means 98 percent of americans and nen percent of small businesses wouldn't see income taxes go up at all . even the wealthiest americans would get a tax cut on $250,000 of the income. democrats are pushing for a vote and it was approved by the secretary. >> and republican leaders what are their next move. >> they are sticking to their guns on the tax rate . they are reacting strongly to the plan that the president uned this week. house spheeker - on speaker boehner said it was not a serious proposal. it is an advantage to run the clock out and getting closer to the deadline
says it cannot operate in what it calls a "climate filled with hatred." steve harrigan live in cairo at the moment with the latest developments. not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protesters in favor of the egypt president mohammed morsi. the judges were too concerned about trying to enter the building. they failed to do so. they said they would not meet anymore under the atmosphere of fear and intimidation. to an example of mob rule here. justices building surrounded and the justices failing to meet today. as far as the constitution, pushed through in one night, earlier in the week, it's now set to go to a referendum. nationwide vote on this. december 15. president morsi said those extreme powers which he adopted would be void. perhaps in two weeks time if the constitution is adopted. finally, another show of public support for the president, demonstrators came out here to the university of cairo yesterday. aga
unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as much as he been asking for in public. stimulus spending that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: and boehner says he was flabbergasted when he was given the proposal. >> heather: and democrats are defending themselves? >> treasury-secretary tim geithner on fox news defending the president's plan for raising revenues, cutting spending and reduce the deficit by $4 trillion over the next ten years. he said the ball is in the g.o.p.'s court. >> you have heard them for the first time i think in two decades they are willing to have revenues go up to make a balanced p
the new constitution that morsi's allies in the constituent assembly rushed through. >> steve, what is the army's role in all of this. that's the piece people don't understand. you have morsi, muslim brotherhood and others behind this constitution. liberals, secularists opposing it. where does the army stand? >> the military has essentially removed itself from the political system. the new military leadership that came into power in mid-august as a result of morsi's declarations have a deal with him. they were relieved of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> when you look at the struggle, is it first of all essentially the islamist versus the secularist, and is it fair to say as everybody does the islamists have greater appeal, they're better organized, they're going to win this? >> i think it is, right now there are bas
Search Results 0 to 3 of about 4

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